3min chapter

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Facebook is So Meh-ta, Biden's Budget Package, and Friend of Pivot, Aswath Damodaran

Pivot

CHAPTER

Investing Away From the Big Winners in the Tax Pays

i would direct my money away from the big winners of the last decade. I think that as you look at their companies, we can see they're reach,. But i think we're overestimating the profitability that's going to come from the because outside of the big winners in the tax pays, they're not a tak. Companies that grow, but don't deliver the profits to justify that grop. If i were investing from scratch, i would hold hold a larger proportion of european d latin american companies. Asia has its own version of a tack bubble. In chinese, look at chinese dogs. There were no tech companies 12 years ago. Now there are three

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